Below are a few of our recent fund updates. Log in or subscribe to see all of them.
Mackenzie Cundill Canadian Balanced Fund
This fund is managed using the same deep value style that has become synonymous with Cundill. The approach is almost contrarian, buying stocks when they are most hated by the markets. Over the long term, this has provided strong returns for investors with modest levels of risk. However, during shorter periods of time, it has the potential to experience higher levels of volatility which can lead to periods of underperformance.
read moreFidelity Canadian Balanced Fund
If you like your balanced funds to be exciting and flashy, then you are definitely not going to like the Fidelity Canadian Balanced Fund. But, if you are looking for stability and consistency, you may want to keep reading.
read moreCIBC Canadian Short Term Bond Index Fund
Interest rates are currently hovering near historic lows and will eventually have to move higher. When that does happen, one of the most effective ways of protecting the value of your fixed income investments is to shorten the duration. Duration is simply defined as the weighted average term to maturity of a bond, taking into account all coupon payments that are expected to be received.
read moreTrimark Global Endeavour Fund
Like other funds that carry the Trimark name, the Trimark Global Endeavour Fund is managed with a common sense approach of buying high quality businesses when they are temporarily out of favour. Management scours the globe looking for well managed, small and mid cap companies that have strong management, high quality balance sheets, low debt, and demonstrated growth potential that are trading at a discount to their prospective earnings growth and cash flow. They like to see this margin of safety between the stock’s market value and its intrinsic value as it provides a buffer against permanent loss of capital for the investors.
read morePIMCO Monthly Income Fund
Since breaking away from the Pacific Life Insurance Company in 1971, PIMCO and its Chief Investment Officer Bill Gross, has become one of the recognized leaders in the global fixed income investing space. While the firm has a long track record, they are relatively new in Canada, arriving here in 2004, providing institutional and private wealth management services. In January 2011, they launched a family of mutual funds in the Canadian market.
read moreIA Clarington Sarbit U.S. Equity Fund
Since June 2009, this fund has been managed by Larry Sarbit using a Warren Buffet inspired, high conviction, bottom up, value driven investment process. His process is a tough one to classify as it really is a mix of both a growth and value style.
read morePH&N High Yield Bond Fund
Having been closed to new investors since November 2010, if you don’t already own units of this great fund, then you are out of luck. After seeing a big jump in assets, management decided to cap the fund to protect existing unitholders. Despite not being open for new investment, we felt that an update was warranted.
read moreMawer International Equity Fund
Until recently, this fund was known as the Mawer World Investment Fund. To be honest, we always had a bit of an issue with the name as it implied that it had a true global mandate, when in reality, the fund was always non North American in its focus. That is why we were happy to see the name changed to the Mawer International Equity Fund, which we believe to be considerably more appropriate.
read moreMackenzie Sentinel Income Fund
We were a bit concerned about this fund after the retirement of Bill Proctor and the resignation of Chris Kesic back in the summer of 2010. As it turns out, most of our fears were unwarranted as the new team of Steve Locke and Norman Raschkowan have done a good job keeping the fund on track.
read moreTD Mortgage Fund
In many cases, simple is good. With the TD Mortgage Fund, that is definitely the case. It is a very simple fund, investing in a portfolio of high quality Canadian residential mortgages that it buys from TD Bank. It can also invest in uninsured conventional mortgages, National Housing Act insured mortgages and mortgage backed securities.
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